Regions
Interwest Acquires Vegas Property for $21M
Interwest Capital Group financed the acquisition of the 100-unit Class A asset with a $12.6 million Freddie Mac loan, and RSE Capital Partners provided preferred equity.
JV Breaks Ground on Sacramento Affordable Community
The two buildings totaling 65 units will serve veterans, low-income families and individuals with special needs in Roseville. The project is slated for completion in Fall 2020.
5 Questions for Greystone’s Head of FHA Lending
Nikhil Kanodia, a former Deutsche Bank vice president, explains why it’s a great time to borrow right now and how the multifamily sector is expected to perform in this prolonged cycle.
LMC Closes $1.3B Multifamily Fund
The subsidiary of Lennar Corp. announced the final closing of the equity fund, which targets investments in Class A communities across the country.
Seattle Property Lands $52M in Financing
CBRE originated the 10-year mortgage through Freddie Mac, less than a month after a joint venture purchased the 344-unit multifamily asset for $83.2 million.
Phoenix Community Sells for $20M
Sterling Real Estate Partners more than doubled its footprint with the purchase of the 301-unit property. The Bancorp Bank provided acquisition financing.
TruAmerica Buys $152M Las Vegas Property in Record Deal
The acquisition of Allanza at the Lakes represents the highest price paid for a single multifamily asset in Nevada history.
Freddie Mac Offering New Green Mortgage Bonds for Investors
The KG-Deals will be securitized by loans in the Green Advantage program, with the first offering of about $475 million set for marketing next week.
AZ Community Trades for $74M
MG Properties Group used a $49.3 million Fannie Mae loan to finance the acquisition of the 379-unit garden-style property located in Tempe.
McDowell Properties Sells Multifamily Portfolio
Cushman & Wakefield facilitated the sale of the three assets, which included a total of 697 units in Kentucky and Mississippi.